One-sided This week I got a call from an agent to go look at a potential deal. It was a 5-bedroom/ 3-bath house with over 3,000 square feet located in a very desirable area priced at only $100,000. When you see deals like that, you stop what you are doing and get to the house as soon as humanly possible. It wasn’t hard to spot which house I was going to when I turned into the...
buying
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Meeting of the minds
Meeting of the minds I’ve recently had an opportunity to relearn how important the meeting of the minds is between buyer, seller and real estate investor, and I’d like to share some of that information with you. The example has to do with being snookered. It happened while I was on the phone with a seller. We’d met multiple times in person and had always had great interactions....
Investing, family and footprints
Investing, family and footprints Real estate investing is our family business, and I’m not just talking about Ashley being my partner. Our kids have also been involved their entire lives. You see, Ashley was closing a short sale and fielding calls while giving birth to our first born. I’m not joking. I have the video to prove it. She was on the phone talking to a seller while 8...
What is a market inversion?
What is a market inversion? Are you familiar with the term market inversion? If not, that’s OK. I wasn’t until recently. But as real estate investors, you need to understand what it is, and more importantly, what it means for the current and upcoming real estate market. First off, let me give a quick overview as to what market inversion is from my understanding, and then I’ll tell...
Do outbuildings go with a property?
Do outbuildings go with a property? We had something happen for the first time this month that had to do with an outbuilding located at a property we had recently purchased. It was a great learning lesson, and I’d like to share it with you. The sellers of this house where in distress. They had been relocated for work and had listed their house, but they hadn’t sold it in a timely manner....